Syllabus - Scheme of Study -2018

Operational Level-2


(O6) COMMERCIAL LAWS

PART - A WEIGHTAGE 10%
1. Introduction to Legal System of Pakistan
• Need of study of law
• Sources of law
• System of court
• Doctrine of precedent
• Pakistan’s law making authority
PART - B WEIGHTAGE 70%
2. The Contract Act, 1872
• Contract and its kinds
• Offer and acceptance
• Consideration and object
• Capacity of parties
• Free consent
• Void agreements
• Contingent and quasi contracts
• Performance of contract
• Discharge of contract
• Remedies for breach of contract
• Indemnity and guarantee
• Bailment and pledge
• Contract of agency
3. Sales of Good Act, 1930
• Contract of sale of goods
• Conditions and warranties
• Transfer of property
• Performance of contract of sale
• Rights of unpaid seller
4. Partnership Act, 1932
• Definition and essential features
• Merits and demerits
• Kinds of partners including clauses related to minor partner
• Difference between partnership and co-ownership
• Formation of partnership
• Types of partnership
• Registration of firms and effect of non-registration
• Rights, duties and liabilities of partner
• Implied authority and non-implied authority of partner
• Re-constitution of a firm (incoming & outgoing partners)
• Modes of dissolution of a firm;
5. Negotiable Instrument Act, 1881
• Negotiable instrument
• Parties to negotiable instrument
• Presentment of negotiable instrument
• Negotiation of negotiable instrument
• Dishonor of negotiable instrument
• Banker and customer
PART - C WEIGHTAGE 20%
6. PPRA Ordinance, 2002
• Chapter I.-Preliminary
• Chapter II.-Establishment Of Authority
• Chapter III.-Management And Administration Of The Authority
• Chapter IV.-Financial Provisions
• Chapter V.-Regulatory And Other Provisions.
• Chapter VI.-Miscellaneous
7. PPRA Rules, 2004 (Public Procurement Regulatory Authority)
• Short title and commencement.
• General Provisions
• Procurement planning
• Procurement Advertisements
• Pre-Qualification, Qualification And Disqualification Of Suppliers And Contractors
• Methods Of Procurement
• Opening, Evaluation And Rejection Of Bids
• Acceptance Of Bids And Award Of Procurement Contracts
• Maintenance Of Record And Freedom Of Information
• Redressal Of Grievances And Settlement Of Disputes